Taxes on goods and services (current LCU), gaps filled in Philippines
Philippines: Taxes on goods and services (current LCU), gaps filled was 1.12 trillion current LCU in 2024. ◆ Volatile
Taxes on goods and services (current LCU), gaps filled in Philippines, 1990–2024
Source: Statizoid (derived). Measured in current LCU.
Analysis
Philippines recorded 1.12 trillion current LCU for taxes on goods and services (current lcu), gaps filled in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 20.6% on the previous year and up 131.6% over ten years.
Over the whole period, taxes on goods and services (current lcu), gaps filled in Philippines peaked at 1.12 trillion current LCU in 2024 and was at its lowest, 54.29 billion current LCU, in 1990.
Philippines ranks 38th of 157 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), gaps filled in Philippines, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 54.29 billion current LCU | — |
| 1991 | 55.45 billion current LCU | +2.1% |
| 1992 | 62.75 billion current LCU | +13.2% |
| 1993 | 70.75 billion current LCU | +12.8% |
| 1994 | 82.73 billion current LCU | +16.9% |
| 1995 | 86.94 billion current LCU | +5.1% |
| 1996 | 109.95 billion current LCU | +26.5% |
| 1997 | 133.39 billion current LCU | +21.3% |
| 1998 | 128.72 billion current LCU | -3.5% |
| 1999 | 138.96 billion current LCU | +8.0% |
| 2000 | 143.10 billion current LCU | +3.0% |
| 2001 | 149.44 billion current LCU | +4.4% |
| 2002 | 150.68 billion current LCU | +0.8% |
| 2003 | 161.58 billion current LCU | +7.2% |
| 2004 | 172.87 billion current LCU | +7.0% |
| 2005 | 189.32 billion current LCU | +9.5% |
| 2006 | 244.63 billion current LCU | +29.2% |
| 2007 | 249.82 billion current LCU | +2.1% |
| 2008 | 251.13 billion current LCU | +0.5% |
| 2009 | 280.71 billion current LCU | +11.8% |
| 2010 | 294.29 billion current LCU | +4.8% |
| 2011 | 308.19 billion current LCU | +4.7% |
| 2012 | 365.03 billion current LCU | +18.4% |
| 2013 | 440.82 billion current LCU | +20.8% |
| 2014 | 482.30 billion current LCU | +9.4% |
| 2015 | 519.18 billion current LCU | +7.6% |
| 2016 | 571.66 billion current LCU | +10.1% |
| 2017 | 666.44 billion current LCU | +16.6% |
| 2018 | 773.16 billion current LCU | +16.0% |
| 2019 | 860.41 billion current LCU | +11.3% |
| 2020 | 775.51 billion current LCU | -9.9% |
| 2021 | 851.73 billion current LCU | +9.8% |
| 2022 | 916.55 billion current LCU | +7.6% |
| 2023 | 926.41 billion current LCU | +1.1% |
| 2024 | 1.12 trillion current LCU | +20.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 92.39 billion current LCU | 54.29 billion current LCU | 138.96 billion current LCU | 10 |
| 2000s | 199.33 billion current LCU | 143.10 billion current LCU | 280.71 billion current LCU | 10 |
| 2010s | 528.15 billion current LCU | 294.29 billion current LCU | 860.41 billion current LCU | 10 |
| 2020s | 917.41 billion current LCU | 775.51 billion current LCU | 1.12 trillion current LCU | 5 |
Countries ranked near Philippines
More public sector data for Philippines
- Arms imports 238.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.05 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 90.4 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 238.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 52.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0133 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 18.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 6.12 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 419.22 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services (current lcu), gaps filled in Philippines?
- Taxes on goods and services (current lcu), gaps filled in Philippines was 1.12 trillion current LCU in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), gaps filled recorded in Philippines?
- The highest recorded value was 1.12 trillion current LCU in 2024.
- What is the lowest taxes on goods and services (current lcu), gaps filled recorded in Philippines?
- The lowest recorded value was 54.29 billion current LCU in 1990.
- How does Philippines rank for taxes on goods and services (current lcu), gaps filled?
- Philippines ranks 38th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), gaps filled rising or falling in Philippines?
- Over the last ten years it is up 131.6%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes on goods and services (current LCU) with 50 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) with 50 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.